Here is the latest LNG, oil, gas, power and energy news from around the globe.

News Desk @ Doha, Toronto, Islamabad & London.

Asia

Brunei

  • After FEED work, McDermott nets subsea contract with Petronas off Brunei

China

  • Chinese People Holdings renews natural gas supply agreement
  • China increases Saudi Arabia oil purchases as kingdom cuts prices
  • Chinese premier calls for greater mutual opening up among markets
  • North China port receives record single shipment of Airbus components
  • New cargo route linking SW China’s Chongqing and Myanmar’s Yangon makes inaugural flight
  • China to invest billions of USD in Pakistan’s solar energy and high-tech sectors
  • Soybean rally unwinds on China demand doubts, ample supply

India

  • India: BPCL seeks LNG cargo for January delivery
  • India: IOC seeks LNG cargo for January delivery
  • Record-low battery storage bids in India may undermine project viability, experts warn
  • MERC and a state discom imposed power tariff hikes allegedly in violation of law
  • Karnataka fast-tracks Goa–Tamnar power line through Western Ghats
  • Vidarbha Industries Association accuses MSEDCL of charging 20% higher tariff
  • India’s energy sourcing guided by affordability and market dynamics: MEA Randhir Jaiswal
  • New locally-built pilot boat to serve India’s Navlakhi Port (GMB Pilot-1)
  • Svitzer taps Indian yard for tug newbuilding quartet
  • McDermott confirms contract award from Petronas

Indonesia

  • Indonesia seeks new oil and gas sources
  • Eni strikes more deepwater gas in Indonesia’s Kutei Basin

Japan

  • Japan: JERA signs first long-term LNG export deal with Torrent Power
  • JERA bags its first multi-year LNG offtake deal outside Japan

Kazakhstan

  • Kazakhstan to supply some Kashagan oil to China directly due to CPC damage
  • Why Kazakhstan’s oil wealth remains largely untapped

Malaysia

  • GROW/GROW PLUS participants record cumulative sales of RM106 million
  • PJBumi unit secures RM23.46 million Kedah industrial project

Pakistan

  • FPCCI launches historic training initiative for 1,000 industry leaders on future-ready workforce
  • Pakistan and Iran agree to extend electricity sale; prices set between 7.7–11.45 cents/kWh
  • Pakistan seeks U.S. support to accelerate energy reforms and investment
  • Government to end gas cross-subsidy for households by 2026 as sector opens to private players
  • Pakistan: NEPRA slashes power tariff by Rs0.88 for December
  • Customs seizures of smuggled goods valued at Rs138 million reported
  • Pakistan: Din Textile boosts solar capacity to 11.2MW
  • PKR remains flat against USD; workers’ remittances rise (9.3–9.4% reported)
  • SECP warns public against fraudulent trading platforms impersonating licensed brokers
  • NBP to open branch in Uzbekistan next year

South Korea

  • Edison and Knutsen agree on new LNG vessel to be built by Hanwha Ocean

Taiwan

  • Dong Fang Offshore orders cable laying vessel to meet needs in Taiwan

Thailand

  • Eni signs long-term LNG sale agreement with Thai Gulf Development Company

Uzbekistan

  • Uzbekistan advances solar, wind and storage projects

Vietnam

  • Vinaconex to acquire 98% stake in state-controlled Viwaseen
  • Jollibee earns over $58 million from fried chicken and coffee chains in Vietnam (Jan–Sept)
  • Lawmakers urge incentives for private investment in offshore wind power
  • De Heus seeks to build agri chain in Gia Lai province
  • Danang rolls out unprecedented incentives for Free Trade Zone
  • Logistics set to become a ‘super sector’ in Vietnam: association chairman

ASEAN

  • Five economies seen powering ASEAN’s next growth cycle

Middle East

Bahrain

  • Bapco hits record refinery output of 405,000 barrels per day
  • 19th Annual GPCA Forum opens in Bahrain
  • ACWA Power and Bapco Energies announce a joint development agreement for cross-border solar-and-storage project

Egypt

  • Egypt signs upstream deal with Cheiron
  • WASCO makes a new gas discovery in the Nile Delta (North El-Basant-1 completed)
  • Scatec signs agreements for 1.1 GW Obelisk Hybrid Project in Egypt
  • Orascom Construction and OCI Global agree merger deal
  • A.T. Lease completes $38.8 million issuance in inaugural securitization program

Iraq

  • Oil falls 2% as Iraqi oilfield production restored; talks on Ukraine continue
  • US backs Iraq plan to move Lukoil oil field to an American firm
  • US report highlights Lukoil’s role in Iraq’s West Qurna 2 oilfield

Kuwait

  • Kuwait oil price up 57 cents to $63.61 pb

Oman

  • UK’s Kistos to buy Oman onshore oil and gas stakes for $148 million
  • Oman stays the course on hydrogen development as global giants retreat
  • Asyad Group unveils logistics projects to support green hydrogen sector
  • Advanced plant-factory technology launched in Oman
  • Building code to redefine construction standards

Qatar

  • Qatar: QatarEnergy outlines LNG supply expansion plans at Doha Forum 2025
  • Brookfield and Qatar launch $20 billion AI infrastructure joint venture

Saudi Arabia

  • Aramco, ExxonMobil and Samref explore major refinery upgrade and petrochemical expansion in Yanbu
  • Saudi Aramco plans to export first condensate from Jafurah gas plant in February
  • Saudi January crude oil supply to China set to hit three-month high after price falls
  • VIDEO: Saudi non-oil private sector sees strong growth as PMI climbs over 60
  • Riyadh-Qassim IWTP to reach financial close in 2026; Riyadh Expo tenders more infrastructure work
  • Lucid opens Alkhobar facility, marking new phase in Saudi EV transition
  • Over 150 Chinese investors seek Saudi partnerships in petrochemicals, plastics and printing
  • SPARK inaugurates Smart Mobility plant for manufacturing EV chargers

United Arab Emirates

  • UAE to hike LNG exports to meet soaring global demand
  • UAE non-oil private sector activity expands in November: PMI
  • Contractors submit prices to Adnoc Gas for Ruwais NGL project
  • Holcim and 44.01 launch cement CO2 mineralisation pilot in Fujairah
  • Dubai Investments launches $354 million Al Vista mixed-use development project
  • Abu Dhabi announces $550 million for UN’s 2026 Global Humanitarian Overview
  • DP World retires legacy names in global marine services rebrand

Regional

  • Becht seeks to expand LNG business in the Middle East
  • Cybersecurity emerges as a critical priority for the energy sector amid digital transformation
  • New sensor system enables predictive corrosion monitoring at industrial plants

Africa

Angola

  • Angola: TotalEnergies expands NEO Next with new FPSO

Morocco

  • Morocco gets closer to creating $1 billion LNG import hub

Namibia

  • Galp partners with TotalEnergies in Namibia for Mopane oil field; TotalEnergies gains control of Mopane discovery

Nigeria

  • Nigeria: sector challenges persist after winding down $344 million power and airline intervention fund by CBN
  • Reps probe $20 billion funding gap for abandonment and decommissioning of oil facilities
  • $2.4 billion Eurobond, oil receipts and remittances drive Nigeria’s $7.5 billion reserves surge
  • SEC unveils broad market reforms to bolster investor confidence

South Africa

  • South Africa sells first infrastructure bonds, raising $693 million
  • Shell makes moves to boost Orange basin exposure

Pan-Africa / Continental

  • Africa needs $375 billion gas investment by 2035, says SPE
  • African Development Bank and Pan African Federation of Accountants launch $5.2 million initiative to professionalise accountancy
  • AI transforms Africa’s fintech landscape

Europe

France

  • French Navy’s fourth POM-class patrol vessel formally named
  • Hybrid buoy tender to be deployed in France’s Pays de la Loire region

Italy

  • Prysmian’s R&D activities get €300 million EIB boost
  • Eni eyes fast-track development of a potential new gas giant

Netherlands

  • XOcean secures survey contracts for six Dutch offshore wind farms

Norway

  • Jinhui continues fleet renewal with another ultramax newbuild
  • Equinor scores gas and condensate discoveries in Sleipner
  • Shallow-water driller plots a return to the Oslo Stock Exchange

Poland

  • Poland eyes LNG buildout to shape Europe’s post-Russia gas flows

Russia

  • Putin clears way for deals on Shell-Rosneft stake in the Caspian Pipeline

Türkiye

  • Türkiye bolsters its LNG arsenal as BOTAŞ pens two ten-year deals with SEFE and Eni

United Kingdom

  • TechnipFMC picked for flexible pipe for Ithaca’s Scottish field
  • €30 million EU project launches to push UK wave energy
  • UK’s BII backs Egypt’s first solar-plus-storage project

Ukraine

  • Oil steadies; Ukraine peace talks and US rate decision in spotlight

North America

Canada

  • Canada: LNG Canada Phase 1 completed; Fluor and JGC hand over second production train

United States

  • Natural gas futures and prices plunge amid warm forecasts and storage changes
  • Kinder Morgan expects higher 2026 profit on strong natural gas demand
  • U.S. LNG feed gas deliveries hold near record highs despite operational hiccups
  • ExxonMobil raises earnings outlook through 2030
  • US solar installations surge 49% in Q3 despite regulatory hurdles

South America

Brazil

  • Brazil moves to block existing Santos operators from bidding on new mega terminal

Trinidad and Tobago

  • BP fires up more gas wells off Trinidad as terminal electrification works continue in Azerbaijan

Global

  • Oil holds biggest decline in three weeks with global glut in focus; some forecasts expect oil below $60 next year
  • Global SAF output to reach 1.9 million tonnes in 2025; growth expected to slow next year – IATA
  • LNG market evolution and bunker opportunities covered in Q4’25 reports
  • Bezos Earth Fund commits $24.5 million to protect Eastern Pacific waters
  • Global initiatives on climate, energy transition and net-zero roadmaps

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